Business Savings

We'll pay you more THAN

Earn 4.00% APY1 



make the most of your money

At Live Oak, we reward you with remarkable service and some of the most competitive savings and CD rates. Plus, banking with us means your money fuels the growth of small businesses across the country. 



Annual Percentage Yield1

No monthly fee

Our accounts have no online banking or monthly maintenance fees

FDIC insurance2

Funds deposited are insured up to $250,000

Online account opening

Open your account in minutes and manage it completely online

Human-powered service

Our customer success team is dedicated to providing you personalized support

three reasons to save

1. Taxes

Tuck away funds in a separate business savings account for tax time – and earn money while you save.

2. Budgeting

Prepare for cash flow emergencies, planned business improvements or unexpected expenses.

3. Stability

A solid business savings balance can be a factor when banks evaluate a small business for a loan.

1. Live Oak Bank Savings Annual Percentage Yield (APY) is valid as of 11/1/2023. No minimum opening balance or deposit required to open. Rates may change at any time without prior notice, before or after the account is opened. No minimum balance to open, but customers must have a balance of $0.01 to earn interest. Fees may reduce earnings.

2. Live Oak Bank is a member of the Federal Deposit Insurance Corporation (FDIC). As a Live Oak Bank customer, your Live Oak Bank deposits are insured by the FDIC up to $250,000 per depositor, for each account ownership category.

See Disclosures for details